Friday, November 02, 2007

Apple Inc. (AAPL) 11-02-07 Trade

The jobs report came out this morning and was surprisingly strong. So one would think the market would have an up day....right. So I watched apple for an entry...(remember when buying I don't buy till after 10:30 unless I really think its going much higher than the opening price) So Apple was up nice on the open, then started pulling back as did the whole market. Why? right, we had a strong jobs report this morning. Any who....I made an entry in the 190 calls at around 11:20 for my target of 3.30, nailed the bottom (luck :) )!!!! Then the whole market made an upswing along with apple.

With that nice rally up I took my profit. I sold at 4.70 for a 42% gain in 2 hours!

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